Retirement plan

GROSBOLL, TICE, BARR & COURTNEY PROFIT SHARING PLAN

Name: GROSBOLL, TICE, BARR & COURTNEY - GROSBOLL, TICE, BARR & COURTNEY PROFIT SHARING PLAN (2023) Form 5500
Creator: GROSBOLL, TICE, BARR & COURTNEY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GROSBOLL, TICE, BARR & COURTNEY PROFIT SHARING PLAN, GROSBOLL, TICE, BARR & COURTNEY

GROSBOLL, TICE, BARR & COURTNEYEIN 37-0696335Plan #001PY 2023

101 EAST DOUGLAS STREET - PETERSBURG, IL 62675217-632-2282

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$304K

+16.6% from 2022

Total participants

0.0% from 2022

Average account balance

$50,647

+16.6% from 2022

Annual return

13.51%

+27.25 pp from 2022

Benchmarks

See 139,849 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,849 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$357K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$89K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.97%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$11418

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$49K

$8112 / participant

Other / not subdivided$49K100.0%

% of EOY assets

16.017%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,647

$148,582-65.9%

$135,942-62.7%

$139,456-63.7%

Participation rate

100.0%

83.9%+16.1pp

81.9%+18.1pp

80.3%+19.7pp

Annual return

13.51%

79.26%-65.7pp

68.28%-54.8pp

373.45%-359.9pp

Employer contribution / active EE

$2,518

$5,245-52.0%

$4,858-48.2%

$4,753-47.0%

Participant deferral / active EE

$6,883

$8,101-15.0%

$7,759-11.3%

$6,711+2.6%

Admin fee / account holder

$8,112

$12,402-34.6%

$10,764-24.6%

$11,407-28.9%

GROSBOLL, TICE, BARR & COURTNEY PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GROSBOLL, TICE, BARR & COURTNEY PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion